Singapore legislation
Clause 15
Clause 15
Amendment of section 32
Section 32 of the Companies Act is amended —
(a)
by deleting subsection (1);
(b)
by deleting paragraph (b) of subsection (2); (c)by deleting the words “restrictions, limitations or prohibitions” in subsection (2)(c) and substituting the words “restrictions or limitations”;
(d)
by deleting the words “(1) or” in subsection (4); (e)by deleting subsection (7); and
(f)
by deleting the words “restriction, limitation or prohibition” in subsection (8) and substituting the words “restriction or limitation”.